Proposals by the government to abolish contracting out in final salary schemes could hit millions of members, who will have to pay more in National Insurance, industry experts say.
Hargreaves Lansdown pensions analyst Laith Khalaf said if the Department for Work and Pensions goes ahead with abolishing contracting out in final salary schemes in 2012, around 7 million final sal...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
